Loading Content...
Demographic Analysis of Aspen Village: A Predominantly White Neighborhood in Fort Wayne, Indiana
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Aspen Village, a neighborhood in Fort Wayne, Indiana, is characterized as a "Low Diversity" community with a "White Majority". As of 2022, 89% of the population identifies as white. The neighborhood has experienced economic growth over the past decade, with the median income increasing from $72,381 in 2013 to $98,436 in 2022. Aspen Village is known for its well-maintained parks and community spaces, appealing to families seeking a quiet residential area.
From 2013 to 2022, Aspen Village has maintained its status as a "Low Diversity" community with a "White Majority". The white population has remained above 88% throughout this period, with minor fluctuations. There are subtle signs of a gradual increase in diversity. The Hispanic population has grown from 0% in 2013 to 4% in 2022. The "Two or More Races" category has increased from 1% in 2013 to 4% in 2022. The Asian population has fluctuated between 0% and 4% over the years.
The economic trajectory of Aspen Village has been largely positive, with some fluctuations. Median income rose from $72,381 in 2013 to a peak of $124,217 in 2019, an increase of over 70% in six years. Post-2019, there was a drop to $98,436 in 2020, possibly due to the economic impact of the COVID-19 pandemic. This figure has remained stable through 2022. The population has grown from 467 in 2013 to 527 in 2022, suggesting a steady demand for housing in the area.
The economic growth appears to have occurred alongside the maintenance of the area's racial homogeneity, suggesting that the neighborhood's increasing affluence may have reinforced existing demographic patterns rather than driving significant diversification.
Aspen Village's slow pace of diversification contrasts with national trends, where suburbs of major cities have seen faster rates of diversification over the past decade. The economic growth in Aspen Village outpaces the national average. The median household income in the United States in 2021 was $70,784, lower than Aspen Village's $95,240 for the same year. This suggests that Aspen Village has become increasingly affluent relative to national averages.
The stability of the racial composition in Aspen Village, despite economic growth, may indicate factors such as established community networks, housing policies, or cultural preferences that have maintained the existing demographic structure. As the community shows signs of slow diversification, particularly with growth in Hispanic and multiracial populations, it will be important to observe whether these changes accelerate in the coming years and how they might influence the neighborhood's socio-economic fabric.
